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To: Satellite Mike who wrote (8756)	7/4/1998 1:58:00 AM
From: jawd	Read Replies (2) \| Respond to of 164684

Glenn feels an education is something I am missing. I am making the point that I don't need it. That's what my message was about in part.

To: Satellite Mike who wrote (8756)	7/4/1998 3:16:00 AM
From: Andrew	Respond to of 164684

You have no qualifications. No manners. As far as I can tell, no life outside of SI. Glenn Good one, Glenn and Satellite It's kinda funny. Even though I do day tradings a lot(Of course not even close to Jawd's pocket money $200K), I never give or think about same bullish or bearish movement predictions for over 3 weeks or so. (When I do day tradings, I just follow the market trends. If the stocks go up, I buy them and when they go down, I just sell them with small losses. When I do these in and out tradings, I sure could make $1,000 per day, like Jawd, with much less money. Usually I need to put a certain percentage/$ amount that I will make/lose before I go in, when I do day tradings.) Funny thing about this day tradings - It is very risky to assume same price movement predictions(either Bull or Bear) for a long time or actually going in and out of same stock for a long time. Why? Because once the day-traders believe that stock will go up or down, he/she will hold that positions whether or not he/she are losing more than certain basic percentage. One of my Co-worker's client had pretty similar day trading money, about 200K, I believe that client was in and out of many momentum stocks, like KTEL, CFON, MARG, and many others. Funny thing is that even though he made money at the beginning, 1 pt here and 3 pt there, but eventually he ended up losing most of them. I believe because he insisted staying in the same stock and didn't want to take the losses. Day traders for AMZN, (I did twice by shorting and now have a bunch of July puts, many of my clients still have short positions) I think amateur day traders will eventually get knocked out. Because they have been getting 1 day +3 2 day +5 3 day +2 1/4 4 day +1 But this will be waiting for them, if they don't do real day tradings. 5 day -15 6 day -10

To: Satellite Mike who wrote (8756)	7/4/1998 10:21:00 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

When someone tells us how humble he is, proceeds to give us details of his multi-million dollar net worth, tells us he was voted Britain's top software person, and tells us he could get a degree from any university by filling out a form, his humility and credibility are very suspect indeed. Mike, I am trying to end this debate between jawd and I. I just want him to stop rubbing salt in a wound. He has not been humble but neither have I. We have a lot of differnet personalities on this thread. I appreciate your observations of the ongoing mud slinging and appreciate your opinion. I am not willing to continue to sling mud. On that note, let's make our money back on AMZN:-) Glenn